Stuttgart, Germany – Bosch is expanding its expertise in automated driving and strengthening its market position with an acquisition. Atlatec GmbH, based in Karlsruhe, Germany, is to become part of the Bosch Cross-Domain Computing Solutions division as an independently operated company. Bosch and Atlatec have now signed agreements to this effect. Atlatec is one of the world’s most innovative providers of high-resolution digital maps for driver assistance and automated driving. The company, which was spun off from the Karlsruhe Institute of Technology in 2014, employs around 25 people in Germany, Japan, and the United States. “The planned acquisition of Atlatec further expands our expertise in the field of high-resolution digital maps and makes us even more diversified. It makes Bosch the only company that can offer its customers all the necessary building blocks of automated driving – from actuators and sensors to software and maps – from a single source. We are thus consistently expanding our strong position in this area,” says Dr. Mathias Pillin, president of the Cross-Domain Computing Solutions division. “In Bosch, we have found the right partner for us as we take the next step in expanding our digital mapping expertise even further,” says Dr. Henning Lategahn, CEO of Atlatec GmbH. It has been agreed that the purchase price will not be disclosed. The acquisition is subject to approval by the antitrust authorities.
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About Bosch
Having established a regional presence in 1906 in North America, the Bosch Group employs 35,300 associates in more than 100 locations, as of December 31, 2021. According to preliminary figures, Bosch generated consolidated sales of $13.6 billion in the U.S., Canada and Mexico. For more information, visit www.bosch.us, www.bosch.ca and www.bosch.mx.
The Bosch Group is a leading global supplier of technology and services. It employs roughly 401,300 associates worldwide (as of December 31, 2021). According to preliminary figures, the company generated sales of 78.8 billion euros in 2021. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first
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